§ 14-202. Creation of lien by contract  


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  •    (a) In general. -- A lien on property may be created by a contract and enforced under this subtitle if:

       (1) The contract expressly provides for the creation of a lien; and

       (2) The contract expressly describes:

          (i) The party entitled to establish and enforce the lien; and

          (ii) The property against which the lien may be imposed.

    (b) Lien as security. -- A lien may only secure the payment of:

       (1) Damages;

       (2) Costs of collection;

       (3) Late charges permitted by law; and

       (4) Attorney's fees provided for in a contract or awarded by a court for breach of a contract.


HISTORY: 1985, ch. 736; 1986, ch. 5, § 1; 2013, ch. 625.